Core Viewpoint - The company, Derlin Holdings (01709), has entered into a binding term sheet with Youngtimers AG (YTME) for a proposed subscription, which is expected to enhance its global asset management footprint and strengthen its position in Europe and the Asia-Pacific region [1][3]. Group 1: Subscription Details - The company conditionally agrees to subscribe for a total of 19.0476 million shares of YTME at a subscription price of 0.42 Swiss Francs (approximately 4.10 HKD) per share, totaling 10 million USD (approximately 78 million HKD) [1]. - Part of the payment will be made in cash, while the remainder will be settled through the issuance of consideration shares at the subscription price upon completion [1]. - YTME will grant the company a subscription option to acquire up to 3.8095 million shares at the same price, totaling approximately 2 million USD (approximately 15.6 million HKD) [1]. Group 2: YTME Overview - YTME is a Swiss-registered company listed on the Swiss Stock Exchange since May 16, 2000, focusing on private equity, private credit, and other private market strategies [2]. - Following acquisitions of C Capital Group in November 2024 and August 2025, YTME operates as a global asset management company targeting the Asia-Pacific region [2]. Group 3: Strategic Implications - The board believes that the proposed subscription will align with the company's long-term vision of expanding its global asset management presence and enhancing its status in Europe and the Asia-Pacific [3]. - The investment will leverage YTME's established platform and expertise to capture high-growth opportunities and diversify the investment portfolio [3]. - The collaboration is expected to create synergies, enhance competitive advantages, and generate sustained value for shareholders through joint investments, product development, and cross-border asset management initiatives [3].
德林控股(01709)拟投资资产管理公司Youngtimers AG